123.205 – INVESTMENTS AND SECURITIES. (a) In accordance
Texas Finance Code § 123.205
Summary
This law allows credit unions to create investment programs for their members and act as agents in securities transactions. It enables credit unions to enhance their services by offering investment opportunities and facilitating the buying and selling of various securities.
Credit unions can develop investment programs for members.
They may act as agents in securities transactions.
Credit unions can issue and sell securities related to these programs.
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In simple terms: Learn about Texas's INVESTMENTS AND SECURITIES. (a) In accordance law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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